13) Some specific examples include: (1) that a demand was made and the amount of the demand; (2) whether the demand is within or in excess of policy limits; (3) the most recent evaluation by the insurer and defense counsel; (4) all offers made or authorized by the insurer; (5) the insured's right to contribute to the policy limits when a demand is made in excess of policy limits, without insisting that the insured do so in order to settle the case, and (6) in at least some jurisdictions, advise the insured of the right to retain independent counsel if a given demand is not going to be met by the carrier.

focuses on the issues counsel must consider before the excess liability trial in order to shield the excess carrier from potential bad faith exposure should the underlying case result in a verdict in excess of policy limits, and

11) The fact that the insured will be liable for payments below a certain level should not create a conflict any more than the fact that the insured will be liable for payments in excess of the policy limit.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.